FTSE Daily Forecast - April 2, 2019
FTSE gap higher confirmed our buy signal targeting 7230 and 7265/69 before the March high at 7290/95. We also run into important 500-day moving average resistance at 7310/15. Try shorts with wide stops above 7330.
Failure to hold above first support at 7260 risks a slide to 7235. Further losses meet support at 7220/15.